CDD 6.00% 26.5¢ cardno limited

Crap raise for $1 and profit downgrade combined smashed the SP....

  1. 1,156 Posts.
    Crap raise for $1 and profit downgrade combined smashed the SP. Hence a cr is generally discounted to what the sp will trade at.

    Hence I think current fair value for Cardno imo is around $1.80. If they sort there debt issues etc that should see the sp go up. I'm taking the offer up and holding out for at least a year.
 
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Mkt cap ! $13.28M
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25.0¢ 29.0¢ 23.5¢ $28.94K 116.5K

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No. Vol. Price($)
3 23079 21.5¢
 

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Price($) Vol. No.
25.0¢ 5500 1
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